Lip Bu Tan - Aug 23, 2021 Form 4 Insider Report for CADENCE DESIGN SYSTEMS INC (CDNS)

Role
CEO, Director
Signature
Shirley X. Li, Attorney-in-Fact for Lip-Bu Tan
Stock symbol
CDNS
Transactions as of
Aug 23, 2021
Transactions value $
-$732,547
Form type
4
Date filed
8/24/2021, 05:09 PM
Previous filing
Aug 17, 2021
Next filing
Sep 17, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CDNS Common Stock Tax liability -$733K -4.63K -0.63% $158.32 731K Aug 23, 2021 Direct F1
transaction CDNS Common Stock Gift $0 -4.21K -0.58% $0.00 727K Aug 23, 2021 Direct F2
transaction CDNS Common Stock Gift $0 +4.21K +0.32% $0.00 1.31M Aug 23, 2021 Held by Trust 2 F2, F3
holding CDNS Common Stock 15K Aug 23, 2021 Held by Trust 1 F4
holding CDNS Common Stock 7K Aug 23, 2021 Held by Trust 3 F5
holding CDNS Common Stock 31.4K Aug 23, 2021 Held by IRA F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld to satisfy tax obligations arising out of vesting of restricted stock.
F2 Shares transferred to the Lip-Bu Tan and Ysa Loo Trust dated 2/3/1992.
F3 Shares held by the Lip-Bu Tan and Ysa Loo Trust dated 2/3/1992.
F4 Shares held by A&E Investment LLC, the sole member of which is the Lip-Bu Tan and Ysa Loo Trust dated 2/3/1992.
F5 Shares held by L Tan & N Lee TTEE, Pacven Walden Inc. 401(K) PSPS, FBO Lip-Bu Tan.
F6 Shares held by IRA FBO Lip-Bu Tan DB Securities Inc. Custodian Rollover Account DTD 5/19/1997.